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723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
723 SW 1st Street
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Courtesy of Koch Real Estate, Listing Contact:  
$59,000

723 SW 1st Street

2 Beds 3 Baths 0.56 Acres

Description

Calling all investors and people with vision, this unique property has many uses and potential. Located on the SW side of Oelwein in a residential neighborhood it is currently being used as a small church. There are two buildings included and 2 city lots. The larger building is over 1,300 sqft with a full walkout finished basement. It has 2 half bathrooms. There is a kitchen in the basement. With a little remodeling, this could make a great home, Air BnB, rental unit or keep it commercial as a church, office, salon, photography studio or community event center. With a ramp and parking, it is set up to cater to many businesses. This property also includes an additional 850 sqft building that has a 1/2 bathroom and 2 larger rooms. You could have 2 rentals on one property or 2 Air BnBs... maybe live in one and rent out the second unit to make your payment. Again, endless possibilities. This is being sold by the Church and will be sold in its "as is" condition. However there are no known major issues.

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Location

723 SW 1st Street, Oelwein, IA 50662

Status

Sold

Date Sold

April 8, 2025

Property Amenities

Interior
Fireplace None
Appliances Cooktop, Free-Standing Range, Sump Pump, Refrigerator, Gas Water Heater
Total Bedrooms: 2
Half Bathrooms: 3
Other Interior Features Handicap Access
Area & Lot
Lot Area 0.56 Acres
MLS® ID 20250876
Year Built 1900
High School Oelwein
Middle School Oelwein
Elementary School Oelwein
Architecture Styles Bungalow
Type Residential
Status Sold
Exterior
Air conditioning Window Unit(s)
Heat type Forced Air
Water Source Public
Security Features Smoke Detector(s)
Sewer Public Sewer
Other Exterior Features Garden
Parking None
Lot Features Corner Lot, Level
Roof Shingle
Finance
Sales Price $59,000
Real Estate Tax $911 yearly

Fayette County

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